đ TUT down 16.64% but sellers are running out of ammo â here's the proof
TUT dropped to $0.0404 on declining volume (0.57x ratio). That's the key detail everyone's missing. A 16% crash on LOW volume means sellers aren't aggressive â they're exhausted. The daily RSI at 48.5 is perfectly neutral. This looks like a shakeout, not a breakdown.
đ Why This Trade?
The 4H chart shows a strong downtrend with RSI at 40.1 â approaching oversold. But look at the daily structure: price is still well above SMA99 ($0.0228). The daily SMA7 ($0.0476) and SMA25 ($0.0550) are now overhead resistance, which means the short-term trend flipped. BUT â the long-term trend (SMA99) is intact. This is a correction within a larger uptrend.
đŻ Trade Plan:
âą Entry: $0.03794 â $0.04292
âą Stop Loss: $0.03394
âą TP1: $0.04205 | TP2: $0.04366 | TP3: $0.04528
âą Confidence: 83%
Low volume dumps are traps. The real move happens when sellers dry up and buyers realize nobody's left to sell.
đŹ Buying this dip or still too scared?
#TUT #CryptoDips #DYOR
â ïž Disclaimer: Personal analysis, not financial advice. Always DYOR. High volatility tokens carry significant risk.
TUT dropped to $0.0404 on declining volume (0.57x ratio). That's the key detail everyone's missing. A 16% crash on LOW volume means sellers aren't aggressive â they're exhausted. The daily RSI at 48.5 is perfectly neutral. This looks like a shakeout, not a breakdown.
đ Why This Trade?
The 4H chart shows a strong downtrend with RSI at 40.1 â approaching oversold. But look at the daily structure: price is still well above SMA99 ($0.0228). The daily SMA7 ($0.0476) and SMA25 ($0.0550) are now overhead resistance, which means the short-term trend flipped. BUT â the long-term trend (SMA99) is intact. This is a correction within a larger uptrend.
đŻ Trade Plan:
âą Entry: $0.03794 â $0.04292
âą Stop Loss: $0.03394
âą TP1: $0.04205 | TP2: $0.04366 | TP3: $0.04528
âą Confidence: 83%
Low volume dumps are traps. The real move happens when sellers dry up and buyers realize nobody's left to sell.
đŹ Buying this dip or still too scared?
#TUT #CryptoDips #DYOR
â ïž Disclaimer: Personal analysis, not financial advice. Always DYOR. High volatility tokens carry significant risk.